Updated Aug 25, 2026
Glenridge LLC Acquires Multifamily Portfolio In Pittsfield, MA For $5.2M
3 Orchard St, Pittsfield, MA 01201
$5,200,000
$79/SF
Building Size
65,700 SF
Asset Type
MultiFamily
Closing
Oct 26, 2022
About this deal
AI
The multifamily property located at 3, 11, 13, 15 & 21 Orchard Street; 14 & 18 Kent Street; and 154, 156, 164, 172 & 174 Summer Street in Pittsfield, MA has been sold. The transaction took place on October 26, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,200,000
- Square Footage: 65,700
- Price per Square Foot: $79
- Buyer: Glenridge LLC
- Seller: Bellco Realty
- Brokers: Taylor Perun & Tim McGeary - Northeast Private Client Group
Glenridge LLC purchased the property from Bellco Realty. The deal was facilitated by Taylor Perun and Tim McGeary from Northeast Private Client Group, who represented the buyer and seller respectively.
On the Map
$5,200,000
$79/SF
MultiFamily
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Players
Pittsfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93